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Elon Musk's Post Lifts Dogecoin 6.5%; Breakout? Dogecoin, the biggest memecoin by market value, was mentioned by Tesla's CEO on X. Crypto investors and DOGE fans went crazy at Elon Musk's remark on the token's price. A huge breakthrough is expected after the latest spike, Elon Musk addressed the top memecoin by market size in his answer to Donald Trump's political proposal in a recent X post. Former US president said he would consider assigning Musk to an advisory or government post if he wins. Reuters said that the Republican presidential contender labeled X's owner “brilliant guy.” He also said he would hire Musk if he was interested. “He’s smart. I would if he did it, Trump remarked. Tesla's CEO replied, “I'm willing to serve,” with an AI-generated picture on X. Musk was seen on a pedestal with “Department Of Government Efficiency” and “D.O.G.E” on top. Crypto investors immediately recognized the connection and expressed their enthusiasm. Many community members saw Musk's statement as an optimistic indicator that memecoin is headed “to the moon” again. Others found previous X postings where Musk, the “Dogefather,” supported Dogecoin against the global banking system. Musk explained his crypto views before the endorsement. At the end of July, NewsBTC reported that the CEO attended The X Takeover virtually. Musk said he wouldn't endorse crypto but could joke about it. Due to his love of dogs and memes, he also likes Dogecoin. The memecoin recovered 9.3% after the August 5 meltdown, when it lost support above $0.1 and fell to $0.08. Dogecoin rose 6.5% to $0.1056 in 24 hours after Musk's remark. From one day earlier, memecoin trade volume rose almost 50% to $699.5 million. Due to DOGE's previous performance, several market experts believe “all eyes are awaiting a breakout.” Galaxy Trading predicts that memecoin will “lead the charge in the very near future” given its success. The trader calls DOGE a “key signal for the entire crypto space.” #DOGE #Elonmusk #Dogecoin @Doge Coin $DOGE
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After Billionaire Justin Sun Debuts SunPump, TRON Soars—Could This Be the Beginning of a Meme Coin Rally? Justin Sun, the silver-tongued millionaire who launched SunPump on #TRON , is now pumping Sundog. Will a fresh meme coin surge soon be here? It is well known that the introduction of Solana's Pump.Fun has revolutionized the cryptocurrency industry by making it easier for new meme coins to be deployed and by channeling large amounts of newly onboarded funds into the hands of questionable anonymous developers. Justin Sun, the silver-tongued charlatan everyone loves, has apparently joined the fray with the introduction of SunPump, a TRON counterpart that is completely selfless. And the Pump as well.Fun clone is quickly becoming popular, and Justin has his sights set on SunDog, a new meme currency. Sundog has been causing a stir since its premiere on August 15. Its present market valuation ranges from $120 million to $150 million. The market price of Sundog is $0.1764 right now as it keeps pumping upwards. This is in response to Justin's encouragement, who has been trying to position SunPump for a stellar launch by using his wealth and influence to drive the remarkable and persistent upward trend. With a market valuation of $178 million, about 66% of all transactions in the last six hours have been purchases. Buying pressure is still high. As long as investors have their sights set on breaking out of consolidation and crushing the upward barrier at $0.20, the bullish trajectory should persist. However, Sundog's liquidity pool only accounts for 0.013 percent of the current market size, which is a reason for worry for some investors. In addition, the relative strength index (RSI) is showing a severe overbought signal (68.99), suggesting that the price could be about to go lower—though it's worth noting that the RSI can remain overbought for quite some time. @Justin Sun孙宇晨 #SunPUMP #Memecoins
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Has a $1 Target Actually Happened? PEPE Price Soars 5% on $900 Million in Inflows As trading volumes increase and cryptocurrency markets rise generally, the price of Pepe (PEPE) has fallen 5% in the last 24 hours, according to CoinMarketCap. Traders have poured roughly $800 million into the PEPE market today, driving the price to little under $0.0000078. However, this in no way indicates that the bulls have taken over the market again. At $0.0000084, the 200-day moving average (DMA), the Pepe price rejected resistance earlier in the day on Tuesday. **A Data Empowerment Campaign by CARV and Binance Web3 Wallet** The Web3 Wallet Airdrop Campaign, in which CARV and Binance collaborated, is a watershed event in the fight for data empowerment. Together, we are building a decentralized future where user data ownership and transparency are paramount to the user experience, and our cooperation is about more than simply token distribution. Millions of people have joined the @CARV community via the Web3 Wallet Airdrop Campaign. Users may safely manage their data, monitor their carbon footprint, and join a community of people who are passionate about sustainability by becoming part of CARV's ecosystem. This project embodies CARV's goal of making data more accessible and enabling people to manage their online personas in a sustainable manner. Users are introduced to data as an asset via this ad by CARV. Users may rest easy knowing that their digital assets, such as sustainability tokens and carbon credits, are well-protected thanks to the connection with Binance's Web3 wallet. This is in perfect harmony with CARV's goal of a future where data is both safeguarded and used to create good change. This initiative is a pioneering step toward a more open and egalitarian digital economy, and it fits well within the larger framework of the data empowerment movement. #CARVingTheFutureOfData #BinanceWeb3Airdrop #PEPE $PEPE #CryptoMarketMoves
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This might cause a 200% increase in the price of bitcoin, putting it above $100,000
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Dogecoin's Major Metric Rises 35%, Could Send Price Soaring Dogecoin (DOGE) has seen a rise in activity over the previous 24 hours. CoinMarketCap reports a 35% rise in trading volume over the last 24 hours. IntoTheBlock data shows DOGE address activity rising along with trade volume. In particular, the number of daily active addresses—the unique addresses participating in transactions on a given day—rose to 55,440. Interestingly, this is the largest 30-day DOGE active address count. DOGE's daily active addresses have grown over the previous week, suggesting more on-chain transactions. This rise in on-chain activity also leads to more DOGE blockchain addresses. On the weekend, 55,440 active addresses were registered, up 32% from 42,000 the day before. Though the number of daily active addresses has dropped significantly from its high, the trend remains solid. Compared to last week, IntoTheBlock reports a 11.41% rise in new addresses and 6.22% in total active addresses. What's Next for DOGE? This rise in activity shows rising Dogecoin interest and involvement. As more people transact, prices may rise. New addresses also show good attitude toward DOGE, signaling that current users are becoming more active and new players are entering the Dogecoin ecosystem, which increases on-chain activity. CoinMarketCap reports 35% more daily trading volume. The volume rise suggests more Dogecoins have changed hands in the previous 24 hours. This spike in trading volume may be attributable to exchange selloffs as well as purchasing pressure. Over the previous week, IntoTheBlock reported a $14.5 million DOGE downflow on exchanges. This means more DOGE coins have been moved from exchanges to private wallets than sold off, indicating bullishness from certain DOGE traders. The optimistic mood has not yet affected DOGE's price. Currently, DOGE trades at $0.1002. DOGE rose to $0.104 yesterday but is presently down 1.93%. This shows that trading volume increased due to previous purchasing pressure and a brief selloff. #DOGE $DOGE #Memecoins
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